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61  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin Could Be the Best Investment of the Century on: July 05, 2015, 06:20:09 AM
This is nice but I wish there was a simple chart that we could share with friends that have no knowledge of the benefits... forget mining and technical advances... we need basic "this is what's in it for you" concepts... K.I.S.S.
62  Bitcoin / Bitcoin Discussion / Re: Canadian Government Decides -- Bitcoin is Hands Off -- No Real Regulation on: June 20, 2015, 04:48:54 AM
Let's all move to Canada. I'll rent a bus.

except it'll be pain in the butt buying bitcoins here because the canadian exchanges are pretty much dead, so you'd have to exchange your canadian dollars to us dollars and then use some foreign bitcoin exchange.

You open the exchange. Jesus Christ, do I have to do everything? I'm already renting the bus!
Man's got a point... buses ain't cheap... Hop on the bus, Gus
You don’t need to discuss much.

How easy/hard is it for a US citizen to open a Canadian bank account?
 
63  Bitcoin / Bitcoin Discussion / Re: When 21 million coins have been mined. on: June 19, 2015, 01:37:45 PM
After they improve life expectancy there will be a lot of 120 year old millionaires traveling to Mars.
64  Bitcoin / Bitcoin Discussion / Re: BitLicense - EOBOT follows Xapo and leaves New York on: June 18, 2015, 06:28:00 PM
This wasn't predictable  Roll Eyes
Last one out turn off the lights. 
65  Bitcoin / Press / 2015-06-17 - bitcoinmagazine.com - Bitcoin Tracker One ETN Now Trading Worldwide on: June 18, 2015, 03:11:09 AM
Last month Bitcoin Magazine reported that Bitcoin Tracker One, the first Bitcoin-based security available on a regulated exchange, started trading on Nasdaq Stockholm. Now, Bitcoin Tracker One, a product launched by the Swedish company XBT Provider AB, is available to investors in 179 countries via Interactive Brokers.

https://bitcoinmagazine.com/20906/bitcoin-tracker-one-etn-now-trading-worldwide-via-interactive-brokers/
66  Bitcoin / Press / Re: [06-14-2015] Draft Biden 2016 Now Accepting Donations In Bitcoin on: June 16, 2015, 06:21:14 AM
Wish Bernie Sanders would accept btc
67  Bitcoin / Bitcoin Discussion / Re: Time to pack it up on: June 16, 2015, 12:54:44 AM
Some quality comments in this thread... the net effect is like yelling in the forest for the city folks to turn down the noise... only registered posters on the forum  see the logic.
It occurred to me that we are not utilizing the community to improve our position... or better using  "strength in numbers".
What if there was a large contingency that acted as a watchdog for mainstream media and acting as a group to dispel FUD while promoting the benefits.
Would the banks, and paid cronies be reluctant to spread their negativity if they knew the wrath of the bitcoin community would turn them on their heads?
I'm talking about formulating a union of volunteers that would see their efforts rewarded by improving mass adoption.
Media outlets and advertisers would be more inclined to respond to an organized large community.
68  Bitcoin / Press / Re: [2015-06-08] Washington Post: Bitcoin isn’t the future of money... on: June 10, 2015, 02:54:48 AM
This article brought to you by the Federal Reserve  Tongue
69  Bitcoin / Press / Re: [2015-06-09] Quartz: MasterCard makes the case that it’s safer, faster than BTC on: June 10, 2015, 01:26:51 AM
Why should we trust the waitress that takes our card into the back room?
I've had my card stolen once and hacked twice in the last three years... ask Target, Kmart, Home Depot  and several banks how secure your CC info is on their systems.... safer my ass
70  Bitcoin / Bitcoin Discussion / Former Secretary Of Treasure Makes Bold Prediction On Bitcoin on: May 27, 2015, 01:53:42 AM
"We soon see many billions of people sending bitcoin everyday as easily as they currently send a text message." - Lawrence H. Summers, Secretary of the Treasury under President Bill Clinton
71  Bitcoin / Bitcoin Discussion / Re: Government Regulator Assholes on: May 26, 2015, 01:22:34 AM
For those states that choose not to use a version of bitlicense there will be new opportunities.
Eventually this should lead to NY reconsidering their stance.
72  Bitcoin / Press / Re: [2015-05-20] New York's bitcoin cop Ben Lawsky stepping down on: May 21, 2015, 12:28:58 AM
Decided to work for Coinbase  Tongue
73  Economy / Economics / Major Banks Admit Price Fixing... Hugh Penalties on: May 20, 2015, 10:37:53 PM
Five of the world's largest banks have plead guilty to federal charges including manipulating the global foreign exchange market and rigging a benchmark interest rate that affects the cost of credit card, vehicle and other loans.
Citicorp (C), JPMorgan Chase (JPM), Barclays (BCS) and Royal Bank of Scotland (RBS) agreed to pay more than $5 billion for conspiring to fix the price of U.S. dollars and euros, the Justice Department said Wednesday. The main banking unit of UBS Group plead guilty to charges tied to interest-rate manipulation. http://www.cbsnews.com/news/in-rare-admission-of-guilt-wall-st-banks-admit-they-rigged-markets/
74  Bitcoin / Press / Re: [2015-05-19] MIT Tech Rev: Leaderless Bitcoin Struggles on: May 20, 2015, 02:58:49 AM
They make it sound like buying btc is a difficult backroom deal (darkweb)... I'm sure they've heard of insured exchanges like Coinbase & Circle.

Overall they are getting much better at public speaking.
75  Bitcoin / Bitcoin Discussion / Re: 21dotco: A bitcoin miner in every device and in every hand on: May 19, 2015, 03:31:49 AM
If I recall from the original leak the "equipment" will be offered at a substantial discount... so the initial price should draw more interest than the minor mining/electrical cost & benefits.
I see more reason to be optimistic vs. disappointed.
21 inc is there to make money. That's why investors invested so much money in this company.

So think about it. Who are they making money off of? Their consumers, of course. There's no way they'll offer a bigger discount than the amount they'll earn back. Which means consumers lose.

Unless they're providing some other form of value, like TVs or routers do, as per RoadStress' examples. Every electric device we have currently gives us some value, which is why we're willing to sacrifice financially to use them. What value does 21 inc provide to the consumer? It's not financial. So what is it? I can't see it.


It's similar to a loan without interest... cheap upfront cost... they make up the difference in mining profits...
As an example your electrical cost may be offset by a higher grade appliance with energy star rating.
It's good for folks that can't afford the upfront cost or don't want to rack up finance charges.
Perfect for renters that have utilities included.
I'm sure 21 could also attract purchase volume discounts (buyers club).
Bottom line is we don't have all of the details... 21 & their investors would be foolish to roll this out without tangible benefits to the end users.
76  Bitcoin / Bitcoin Discussion / Re: 21dotco: A bitcoin miner in every device and in every hand on: May 19, 2015, 02:33:13 AM
If I recall from the original leak the "equipment" will be offered at a substantial discount... so the initial price should draw more interest than the minor mining/electrical cost & benefits.
I see more reason to be optimistic vs. disappointed.
77  Bitcoin / Bitcoin Discussion / Re: 21dotco: A bitcoin miner in every device and in every hand on: May 19, 2015, 01:38:48 AM
Coins mined today may be similar to electric cost... if they are not exchanged right away the benefits should increase over time.
78  Bitcoin / Bitcoin Discussion / Re: 21dotco: A bitcoin miner in every device and in every hand on: May 18, 2015, 10:57:11 PM
New battery technology will make the new chip requirements insignificant.
79  Bitcoin / Bitcoin Discussion / Re: Whitehouse announces new chief technology officer (Crypto expert) on: May 12, 2015, 12:30:44 AM
http://en.wikipedia.org/wiki/Edward_Felten
80  Bitcoin / Bitcoin Discussion / Re: Time to roll out bigger blocks on: May 11, 2015, 11:03:33 PM
How about less talk and get on with it... while we're at it reward the minors... why so difficult?
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